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Corebridge Financial put volume heavy and directionally bearish
The Fly

Corebridge Financial put volume heavy and directionally bearish

Bearish flow noted in Corebridge Financial with 2,423 puts trading, or 1.1x expected. Most active are May-24 25 puts and Jul-24 25 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 21.44, while ATM IV is up over 3 points on the day. Earnings are expected on May 3rd.

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